Showing 1 - 10 of 189
Telecommunications Act of 1996, with a focus on the implications of irreversible investment. Although the goal is to promote competition …
Persistent link: https://www.econbiz.de/10013247857
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological … limited funding rolled out broadband access points, and provides plausibly exogenous variation in the availability and … adoption of broadband internet in firms. Our results suggest that broadband internet improves (worsens) the labor outcomes and …
Persistent link: https://www.econbiz.de/10013030144
In Beijing, the metropolitan government has made enormous place based investments to increase green space and to improve public transit. We examine the gentrification consequences of such public investments. Using unique geocoded real estate and restaurant data, we document that the construction...
Persistent link: https://www.econbiz.de/10013125912
This paper shows that those low and middle income countries that use infrastructure inefficiently pay a growth penalty in the form of a much smaller benefit from infrastructure investments. The magnitude of this penalty is apparent when the growth experience of Africa is compared with that of...
Persistent link: https://www.econbiz.de/10012763683
Several explanations can be offered for the unbalanced growth of U.S. regional manufacturing industries in the decades after World War II. The convergence hypothesis suggests that the success of the South in catching up to the Northeast and Midwest should be understood by analogy with the...
Persistent link: https://www.econbiz.de/10013226177
In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure contribution of demand, relative input prices, technical...
Persistent link: https://www.econbiz.de/10013236700
Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …
Persistent link: https://www.econbiz.de/10013248105
This paper summarizes economic research on investment in public infrastructure and introduces the findings of several new studies on this topic. It begins with a review of several potential justifications for the public sector’s involvement in building, financing, and operating infrastructure,...
Persistent link: https://www.econbiz.de/10013248702
mechanism and test the over-identifying restrictions for Australia, Canada, and New Zealand. For all three countries …
Persistent link: https://www.econbiz.de/10012910649
Although nation-based systems of financial regulation constitute a second-best approach to global welfare maximization, treacherous accountability problems must be acknowledged and resolved before regulatory cooperation can deal fairly and efficiently with cross-border issues. To track and...
Persistent link: https://www.econbiz.de/10013225171